Richard Branson’s Virgin Atlantic Is Seeking Chapter 15 Bankruptcy Protection in the U.S. While It Scrambles to Finalize a Rescue Plan Posted byDavid Slotnick August 5, 2020 Leave a comment on Richard Branson’s Virgin Atlantic Is Seeking Chapter 15 Bankruptcy Protection in the U.S. While It Scrambles to Finalize a Rescue Plan Richard Branson’s Virgin Atlantic airline filed for Chapter 15 bankruptcy protection in New York on Tuesday.